In his column this week The Rt Hon Oliver Letwin MP talks about the increasing longevity of people and the strain that it’s going to put on the pension system.
He and the rest of the well-off fraternity needn’t worry about that. Not for him the need to save up for old age or for that vital operation because there's a two-year waiting list for it on the NHS. But for the rest of us it's save, save, save into something called a SIPP (Self Invested Personal Pension). Presumably politicians must think that we, the public, should know what to invest in to increase our holdings so that when we retire and find that we haven’t got two pennies to rub together then it's our own fault for making the wrong investment decisions. Well, if we did know what to invest in we could sink all of our savings into it and make a fortune.
The whole thing is an absolute con. Meanwhile Mr Letwin’s friend and colleague The Rt Hon David Cameron MP (our erudite leader) throws all of our hard earned cash to the wind on foreign aid, EU payments (more foreign aid), unelected quangos, bonuses for senior civil servants, etc, whilst the pension service and the National Health Service both remain in financial crisis. The whole system is wrong, very wrong. If the likes of Mr Cameron wish to throw their own personal wealth about then fine but he should leave our money alone and put it where it is much needed.
Charity begins at home and that was never truer than right now in this cash-strapped country!
Niall Simpson, James Road Dorchester
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel